MarketsandMarkets expects the Video Management Software (VMS) market size to grow from USD 3.71 Billion in 2016 to USD 10.54 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 23.2% from 2016 to 2021. Ease of deployment and increased use of IP videos, third-party integration with other digital business systems, increasing security concerns globally due to rising security threats, and increasing penetration of video surveillance in a wide range of applications are some of the driving forces for the VMS market. The scope of this report covers the Video Management Software market by type of solution, technology, service, deployment, vertical, and region.
The advanced video management solution holds the largest market share in the VMS market during the forecast period. Video management is an important aspect of the video monitoring system. The basic function of video management is to collect videos and handle the recordings, video routing, event management, & integration of other functionalities in the video monitoring system.

Among technologies, the Internet Protocol (IP)-based segment is expected to grow at the highest rate in the Video Management Software market during the forecast period. IP cameras drastically change the video surveillance system by offering a wide range of features such as low price, high image resolution, and scalability. The increasing adoption of IP cameras by end-users and enterprise customers is one of the major drivers behind the growth of the VMS market. Open platform VMS supports IP cameras with onboard analytics, which provides more business intelligence for the surveillance system.

Among verticals, the government agencies are expected to continue to dominate the Video Management Software market over the forecast period, due to the extensive adoption of video surveillance systems in this sector. Video surveillance systems play a crucial role in risk management in the government sector. The government has the whole responsibility of handling the management, security, and other functionalities in the city infrastructure, government institutions, harbor & port, military border security, and official buildings.

APAC is expected to grow at the highest CAGR in the Video Management Software market during the forecast period. The end-users and enterprise customers are majorly adopting cloud-based video management solutions in the APAC region. A major focus on smart city projects and intelligent transportation systems, specifically in China & India, may lead to rise in the demand for VMS applications. Transportation, sports stadiums, government, retail, and Banking, Financial Services, & Insurance (BFSI) appear to be most attractive end-users for the VMS market.

However, the concern of storage of high-resolution videos & recordings and issues related to privacy act as the restraining factors for the Video Management Software market.

The major vendors in the VMS market are AxxonSoft (Germany), Milestone Systems (Denmark), On-Net Surveillance Systems Inc. (U.S.), Aimetis Corporation (Canada), Exacq Technologies (U.S.), 3VR (U.S.), Verint Systems (U.S.), Genetec (U.S.), Salient Systems (U.S.), and March Networks (Canada). These players have adopted various strategies, such as new product launches, partnerships, agreements, collaborations, mergers & acquisitions, and business expansions, to cater to the needs of their customers.

Figure 1 Video Management Software Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Market Breakdown and Data Triangulation
Figure 5 Vendor Analysis: Criteria Weightage
Figure 6 Mobile Application is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 7 IP-Based VMS Category is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 8 Cloud is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 9 Global Video Management Software Market: North America is Estimated to Hold the Largest Market Share in 2016
Figure 10 Ease of Deployment and Increased Use of IP Video is Driving the Overall Growth of the Market
Figure 11 Asia-Pacific is Expected to Witness the Highest Growth Rate During the Forecast Period
Figure 12 Mobile Application is Expected to Have the Highest Growth Rate in the Video Management Software Market in the Forecast Period
Figure 13 Video Management Software Market Regional Lifecycle: Asia-Pacific Exhibits the Highest Growth Potential During the Forecast Period
Figure 14 Market Investment Scenario: Asia-Pacific is Expected to Rise as the Best Opportunity Markets for Investment in the Next Five Years
Figure 15 Video Management Software Market Evolution
Figure 16 Market Segmentation: By Type of Solution
Figure 17 Market Segmentation: By Technology
Figure 18 Market Segmentation: By Service
Figure 19 Market Segmentation: By Deployment
Figure 20 Market Segmentation: By Vertical
Figure 21 Market Segmentation: By Region
Figure 22 Market Drivers, Restraints, Opportunities, and Challenges
Figure 23 Market Value Chain
Figure 24 Companies Adopted Different Strategies to Gain Competitive Advantage
Figure 25 The Mobile Application Segment is Expected to Have the Highest CAGR During the Forecast Period
Figure 26 The IP-Based VMS Segment is Expected to Have the Highest CAGR During the Forecast Period
Figure 27 The Professional Services Segment is Expected to Have the Highest CAGR During the Forecast Period
Figure 28 The Cloud Segment is Expected to Have the Highest CAGR During the Forecast Period
Figure 29 The Retail Vertical has the Highest CAGR During the Forecast Period
Figure 30 Asia-Pacific is Expected to Have the Highest CAGR in the Video Management Software Market During the Forecast Period
Figure 31 North America: Market Snapshot
Figure 32 Asia-Pacific: Market Snapshot
Figure 33 Companies Adopted New Product and Service Launches as the Key Growth Strategy During the Period 2014–2017
Figure 34 Evaluation Overview Table: Product Offerings
Figure 35 Evaluation Overview Table: Business Strategies
Figure 36 Video Management Software Market: Portfolio Comparison
Figure 37 Market Evaluation Framework, 2014–2017
Figure 38 Battle for Market Share: the Strategy of New Product and Service Launches has Been the Key Strategy for the Company’s Growth During the Forecast Period
Figure 39 Verint Systems Inc.: Company Snapshot

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